If you live in Michigan, the poster child of declining home values, loss of jobs, and bad road surfaces. You may have some serious issues.
There are a great deal of people who are unemployed here in Michigan. Most of us think this started with the Bush administration. NOPE!
Some think it started with the Clinton administration. Could BE…..Nope!
It reaches much further back, to a land long, long ago, where the hair was long and the pants were called bells. That’s right people this goes back to the 1970. The era of Richard Nixon, old Tricky Dick himself. All the other administrations after Nixon just added fuel to the smoldering fire to get us to this point.
What did President Nixon do to set thing into motion? It’s a really simple thing, Nixon detached the dollar from the gold standard. WOW! That was the straw that broke the camels back, but wait it started in 1913 with the ratification of the 16th amendment and the establishment of the Federal Reserve!
So what give our monetary items value now?
Check it out do the research!